* The following blog is an adaptation of the presentation Alan Ackerman and Matthew Ackerman gave on “The Fundamentals of Easement Valuation” at the American Law Institute’s Eminent Domain & Land Valuation Litigation Seminar in New Orleans on February 1, 2024. The BasicsOne of the more complicated valuation issues in eminent domain cases is for easements in partial taking cases. This blog sets out to explain the fundamentals of easement valuation and discuss some common issues our firm has encountered while advocating on behalf of property owners in recent utility easement cases. Easement: An easement is a defined interest in property that is owned by someone other than the owner of the underlying fee simple interest. C. Appraising easement damages in the absence of matched pairsOne common complication in easement valuation is identifying matched pairs for a specific—and often unique—type of damage.

Source: New York Times February 09, 2024 02:08 UTC